Understanding the Dynamics: Why Africa's Largest GDP Markets Garner More Investment
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Investment trends across African markets often highlight a notable phenomenon: countries with larger Gross Domestic Products (GDPs), namely Nigeria, Kenya, Egypt, and…
Mobility fintech startup - Moove - raises US$23m to help Uber drivers acquire cars
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Nigerian mobility fintech startup, Moove, has raised US$23 million in its Series A debt and equity funding round. According to the startup,…
Nigerian B2B e-Commerce Startup - Omnibiz - Raises US$3m in Seed Funding
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Nigerian-based B2B e-commerce platform, Omnibiz, has raised, in its seed funding round, $3 million to push for its expansion into new markets….
Angel Investor, Olumide Soyombo, Unveils VC Firm with a Focus on Pre-seed and Seed Investment
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Angel investor and founder, Olumide Soyombo, has announced the launch of his Venture Capital (VC) firm – Voltron Capital. The Pan-African VC…
Lagos based startup - GetEquity - launches Startup Financing Platform; Closed Six-Figure Pre-Seed Round
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GetEquity, a Lagos based startup launched in May 2021, announced the close of six-figure pre-seed round led by GreenHouseCapital (Africa’s leading fintech…
Nigerian Government Places Restriction on Investment Apps Providing Access to Foreign Stocks
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In yet another surprising turn of events, the Nigerian government has declared fintech trading platforms like Chaka, Trove, Bamboo, and Risevest, illegal….